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though i do agree with steve's statement. that statement yesterday introduced a whole new level of ambiguity. and while i don't understand is, where did the -- where did their commitment to 2015 go? you may -- they make decisions -- >> the tendency projection between 6 and 8% in 2015 so they just swap one number for the other. >> i understand. but the thing is, if the feds, if dr. bernanke's policy is one that encourages more transparency from the fed and they are going to use this means of communication, then have you to be consistent. the minute we aren't consistent on that -- >> back to the original question, what does it maeb ean terms of prediction for 2013? >> don't ignore her. >> i am not used to being ignored. >> really, tie it all in. >> basically when you are facing a world -- let me back up one second. i could colorado hauld have giv advice three and half years ago. and if you had just done that and chaenged, you would be a winner. think i everyone gets too caught up in drn- >> what was the advice. >> be long secur
though i do agree with steve's statement. that statement yesterday introduced a whole new level of ambiguity. and while i don't understand is, where did the -- where did their commitment to 2015 go? you may -- they make decisions -- >> the tendency projection between 6 and 8% in 2015 so they just swap one number for the other. >> i understand. but the thing is, if the feds, if dr. bernanke's policy is one that encourages more transparency from the fed and they are going to use this...
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these are things, by the way, i have been back and forth with steve stanley. more people would work, right. but what happens to fed policy? does it remain the same? when do i get nervous? think about what your investors were saying? when should i sell bonds and buy equities? will there be a fed policy? admitted he bernanke did say that 6.5 -- >> isn't he going to stop buying treasuries and mortgage dash back security -- >> hold that thought. >> okay. >> what happens between 6.5 unemployment and 5.5, which is the natural rate. or where the fed thinks the long run unemployment rate. is when do you do that? and finally, the thing that i would come back with t.to, whate gauges for qe. there are two policies, tyler, and two rules. qe policy is not the -- >> is bond buying. >> it is different from the rate policy, which is tied to 6.5% unemployment. what we need to do, what your other investor guys, is sell me a derivative that takes my bond portfolio and henls my equity portfolio to those two numbers. because remember, we had a time limit mid 2015, that corresponde
these are things, by the way, i have been back and forth with steve stanley. more people would work, right. but what happens to fed policy? does it remain the same? when do i get nervous? think about what your investors were saying? when should i sell bonds and buy equities? will there be a fed policy? admitted he bernanke did say that 6.5 -- >> isn't he going to stop buying treasuries and mortgage dash back security -- >> hold that thought. >> okay. >> what happens...
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he chose steve cohen. here is the deal that they have. steve cohen is paying the legal fees. that could be millions. he gets a copy of the government playbook. they will work and share information together. rather than flipping on steve cohen, he has decided to work with him and he is betting that the high-priced lawyers will beat the feds, as they usually do. adam: is this kind of like a conflict of interest. >> they say we have the same interests and beating the government and saying this was not insider-trading. the government also flipped this doctor who told martoma about the trials. charlie: this is all about martoma's trading. and passing that information to steve cohen. we know that he received that information. we do not know how martoma characterized the information. we do know that steve cohen received it and traded up on it as well. >> $270 million based on that information. it was not taped. it is what they are going to say occurred during that phone call. you will hear a different spin on that phone call. if the feds had martoma in their pocket, that phone call
he chose steve cohen. here is the deal that they have. steve cohen is paying the legal fees. that could be millions. he gets a copy of the government playbook. they will work and share information together. rather than flipping on steve cohen, he has decided to work with him and he is betting that the high-priced lawyers will beat the feds, as they usually do. adam: is this kind of like a conflict of interest. >> they say we have the same interests and beating the government and saying...
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so who's right, steve? the market seems to be perplexed here because the stock market sold off during the news conference that you were at. and got your three questions in, by the way, i think at the top. and then it's down again today at the lows of the day. >> you know, it's interesting, should i be grade being the students or grading the professor? i guess that's the question i have. in a sense, they get to always be right in the following way. bernanke wants you to have a message. if you don't get that message, it's his fault. and it's not clear to me that -- he may have failed in this regard. i thought stephanie came closest to what i think the fed chairman's trying to do, which was yesterday convey a policy that we are easier than we thought -- than you thought we would be. and that 6.5% unemployment is supposed to convey that we're not calendar day certain. we are data certain. and unless that data gets down to being closer to what we want it to be, then we're going to stay on hold. and by the way, t
so who's right, steve? the market seems to be perplexed here because the stock market sold off during the news conference that you were at. and got your three questions in, by the way, i think at the top. and then it's down again today at the lows of the day. >> you know, it's interesting, should i be grade being the students or grading the professor? i guess that's the question i have. in a sense, they get to always be right in the following way. bernanke wants you to have a message. if...
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. >>> he's best known for his role in the sitcom steve harvey show or in "dancing with the stars." cedric the ber takener is using his fame it to help kids get a better education. that's up next. >>> jim in this renaissance guy. whatever he tries to do he does well and he has a gift for music or art or more than a gift. a passion. >> i took two years of piano lessons in eighth grade. my mom forced me to take it, because she never had a piano growing up. i hated it because the teacher wouldn't let me play anything interesting. i got bored and sick of it and didn't touch it for 20 years. then i heard this piece on the radio, and i the thought it was impossible for a human to play that. i couldn't imagine being able to move my hands that fast. i got obsessed with it. it's the third movement of the moonlig moonlight. i went on to check out the musimusi music. there were these notes. each one is a note and finger on a key. can you teach your fingers to do that? like a lot of things, trying to find a better job can be frustrating. so at university of phoenix we're working with a growing
. >>> he's best known for his role in the sitcom steve harvey show or in "dancing with the stars." cedric the ber takener is using his fame it to help kids get a better education. that's up next. >>> jim in this renaissance guy. whatever he tries to do he does well and he has a gift for music or art or more than a gift. a passion. >> i took two years of piano lessons in eighth grade. my mom forced me to take it, because she never had a piano growing up. i hated...
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. >> steve, which states do you think could be targeted next? >> well, i think the republican party has a strategy here to try and weaken institutions that help working families and help the mill class. it's really sad. you know, the republican party isn't doing very well right now. what are they doing, going after labor unions. people forget, all the things we take for granted, whether 2 will be sick leave, available indication days, five-day work week, 40-hour week, it's all because of fights the labor unions did to help the middle class and help working families be competitive in this marketplace. >> do you see any states that might be at risk here? >> do i think what? >> do you see any states that are at risk next? >> oh, yeah, i think the republican party is going to spend a lot of time trying to do this because it's unfortunate because what the republican party ought to be doing is how to change the message to talk to middle class families. the nbc/"wall street journal" poll this morning said republic people view republicans as being too r
. >> steve, which states do you think could be targeted next? >> well, i think the republican party has a strategy here to try and weaken institutions that help working families and help the mill class. it's really sad. you know, the republican party isn't doing very well right now. what are they doing, going after labor unions. people forget, all the things we take for granted, whether 2 will be sick leave, available indication days, five-day work week, 40-hour week, it's all...
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steve beau shemie, "boardwalk empire," bryan cranston, "breaking bad," jeff daniels, "the newsroom," jon hamm, "mad men," damien lewis, "homeland." best performance by an actor in a motion picture comedy or musical. jack black, "bernie," bradley cooper, "silver linings playbook," hugh jackman, "les miserables," ewen mcgregor, "salmon fishing >> naomi watts, "the impossib impossible," rachel weisz, "the deep blue sea." >> i'm a little embarrassed, i'm still in my pajamas. early. all right, best performance by an actor in a miniseries or a motion picture made for television. kevin costner, "hatfields and mccoys," benedict cumberbatch, "sherlo "sherlock: masterpiece," woody haralson, "game change," toby jones, "the girl," clive owens, "hemingway and gelhorn." best television series drama, "breaking bad amc," boardwalk empire," hbo, "downtown abbey season two," pbs, "homeland," showtime, "the newsroom," hbo. best performance by an actress in a supporting role in a motion picture. amy adams, "the master," sally field, "lincoln," anne hathaway, "les miserables," helen hunt, "the sessions,"
steve beau shemie, "boardwalk empire," bryan cranston, "breaking bad," jeff daniels, "the newsroom," jon hamm, "mad men," damien lewis, "homeland." best performance by an actor in a motion picture comedy or musical. jack black, "bernie," bradley cooper, "silver linings playbook," hugh jackman, "les miserables," ewen mcgregor, "salmon fishing >> naomi watts, "the impossib impossible," rachel...
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>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's wanted in belize, a country, for questioning about the murder of his neighbor. >> gretchen: he's been serving up lunch for five years, but it only took minutes for union workers in lansing, michigan, to completely destroy his famous hot dog cart. clinton's cart was inside the americans for prosperity tent and that is the same one that workers violently tore down on the capitol lawn as they protested the right to work law. there is good news here. people are now pitching in to help him out. so far they've raised $14,000 to get his
>> steve: yeah. meanwhile, we got other stories making headlines on this thursday morning. while you were sleeping, antivirus software founder john mcafee arrived back in the united states to face the music. >> this morning i was in jail. today here i am. i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. >> steve: he arrived in miami last night after trying to seek asylum in guatemala. he's...
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steve rattner has charts. looking at how much the budget cuts being considered now on capitol hill will impact retirees in the future. so steve, explain. where do you want to begin? >> well, first, as we've been discussing for the last hour and a half, nobody knows exactly what's going to happen in washington yet. so these are all kind of hypotheticals. >> but we talked about raising the eligibility age for medicare. >> there are a couple ideas floating around what's going to give you a sense of what's going to happen. for political reasons, everybody's talking about phasing these things in slowly. it's unlikely we're going to wake up -- >> no. it's not going to be today. >> let's start with raising the medicare eligibility age. this is something that's been much discussed. it is said president obama would probably go from 65 to 67 and be phased in over a period of years. so what happens is people 65 to 67 are going to either going to have to work longer or get their own private insurance. and we can now look
steve rattner has charts. looking at how much the budget cuts being considered now on capitol hill will impact retirees in the future. so steve, explain. where do you want to begin? >> well, first, as we've been discussing for the last hour and a half, nobody knows exactly what's going to happen in washington yet. so these are all kind of hypotheticals. >> but we talked about raising the eligibility age for medicare. >> there are a couple ideas floating around what's going to...
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and 45-year-old steve forsythe, a former co-worker is speaking out. >> he told me, felix there's two type of people in this world, dreammakers and dream breakers. and he said i'm a dreammaker go live out your dreams. >>> we're also getting an update about the 15-year-old girl who was wounded during the attack. she is in the hospital but expected to survive. she was shot in the torso. the bullet bruised her lung but missed vital organs. months ago she survived another ordeal, when the van she was riding in was struck by a drunken driver. that driver was killed, but she survived. just incredible. john? >> she is a survivor. glad to hear she's in stable and improving condition. dan simon, thank you very much. >>> 34 minutes past the hour. a missouri beating victim fighting back on facebook. 23-year-old amber taylor posted this picture of her bruised and battered face on her boyfriend's facebook page while she was in the hospital. she said she wanted everyone to know that he beat her with a baseball bat after he found out she with you sending texts to another man. her boy friend, 19-year
and 45-year-old steve forsythe, a former co-worker is speaking out. >> he told me, felix there's two type of people in this world, dreammakers and dream breakers. and he said i'm a dreammaker go live out your dreams. >>> we're also getting an update about the 15-year-old girl who was wounded during the attack. she is in the hospital but expected to survive. she was shot in the torso. the bullet bruised her lung but missed vital organs. months ago she survived another ordeal, when...
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steve, i want to you go to chris christie first. that question barbara walters asked him seems to me to be a hurdle he would have to get over in any national campaign. i think barbara is asking what is in the very first set of questions that voters would have on their minds. >> there is no question that its an issue. there is no question it is a legitimate issue. the help of presidential candidates is always a part of a presidential race. it is as physically grueling an experience as you can possibly have. he has done a tremendous job during this crisis in new jersey. it is not analogous to running for president nationally over the course of four years. i think if he is going to be a serious presidential candidate, this is an issue that he is going to have to deal with. i say that as someone who admires him very, very much and hopes very badly that he will run for president as a republican. i think who could help remake the party. >> steve, i do think he handled that reasonably well in response to barbara's question. >> there is no
steve, i want to you go to chris christie first. that question barbara walters asked him seems to me to be a hurdle he would have to get over in any national campaign. i think barbara is asking what is in the very first set of questions that voters would have on their minds. >> there is no question that its an issue. there is no question it is a legitimate issue. the help of presidential candidates is always a part of a presidential race. it is as physically grueling an experience as you...
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steve, last word? >> okay. listen. unions are parasite who is eat their host alive. g.n. looked for a new host-- the taxpayer. in michigan, the parasites are looking fora i new host -- forcing michigan citizen who is do not want them there to be press into unions that they don't want to join. >> stop blaming the rank-and-file union member. they are not the ones causing this. it's the leadership -- >> yes, they are! >> after steven had his hans -- >> they pulled down a tent! it's not me! it's hundreds of people who were in a tent! come on, man! let's be honest! >> there were flame throwers and cancer patients everywhere. a little more dramatic. >> sean: thanks for being with us. the violence demonstrated by the union protesters is undeniable, the proof is in the footage. why did the mainstream media show none of this? we will look at the phony narrative. plus, tonight, we will check in with michelle malkin and much, much more as "hannity" (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love"
steve, last word? >> okay. listen. unions are parasite who is eat their host alive. g.n. looked for a new host-- the taxpayer. in michigan, the parasites are looking fora i new host -- forcing michigan citizen who is do not want them there to be press into unions that they don't want to join. >> stop blaming the rank-and-file union member. they are not the ones causing this. it's the leadership -- >> yes, they are! >> after steven had his hans -- >> they pulled...
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great interview today with steve tanger in the "new york times." that will get you where you have to go. please do that. way too overweighted in oil. sometimes what we suffer from is bigger than we think ... like the flu. with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor right away. tamiflu is prescription medicine for treating the flu in adults and children one year and older whose flu symptoms started within the last two days. before taking tamiflu tell your doctor if you're pregnant, nursing. have serious health conditions, or take other medicines. if you develop an allergic reaction, a severe rash, or signs of unusual behavior, stop taking tamiflu and call your doctor immediately. children and adolescents in particular may be at an increased risk of seizures, confusion or abnormal behavior. the most common side effects are mild to mode
great interview today with steve tanger in the "new york times." that will get you where you have to go. please do that. way too overweighted in oil. sometimes what we suffer from is bigger than we think ... like the flu. with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter remedies. prescription tamiflu attacks the flu virus at its source. so don't wait. call your doctor...
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great interview today with steve tanger the "new york times." that will get you where you need to go. please do that. way too overweighted in oil. >>> time for an important public service announcement. history is not spongeable or ideological. it's not an abstraction. that's exactly what's happening right now when people talk about the origins of the bull market. they coincided with the clinton era. the one that started in 1992 and continued until 2000. with the dow powered from 3200 to 11,000. let's get our facts straight. first the move did happen. i don't want any galvanizers out there. seem to be plenty of clinton haters around who would like to believe the rally didn't even occur. well, occur it did. of course the discussion right now centers on what happens to the stock market if we go back to the clinton year tax rates. most democrats say the raises did not hurt the stock market back then but because deficit and interest rates went down it helped. most republicans want to ignore that analysis entirely or say the rally occurred because of
great interview today with steve tanger the "new york times." that will get you where you need to go. please do that. way too overweighted in oil. >>> time for an important public service announcement. history is not spongeable or ideological. it's not an abstraction. that's exactly what's happening right now when people talk about the origins of the bull market. they coincided with the clinton era. the one that started in 1992 and continued until 2000. with the dow powered...
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joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its book and it will now purchase 40 billion more a month. that is fancy way of saying what we're doing right now, melissa, we're monetizing our debt. melissa: yeah. >> treasury department is issuing the debt and federal reserve is purchasing the debt and purchases that debt by printing money. melissa: nariman, a lot of people expected before the announcement today they would say they're backing off. instead they said they will target the unemployment rate, you know as if this would give them license to go on morph longer. were you surprised and do you think it's a good idea? do you think steve is right that we're just mon
joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its...
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some like the incassor aztec, but to close steve jobs, steve jobs famously declared remember you are going to die is the best way i know to avoid the trap you have something to lose. >> bob: mayans were wiped out by the spaniards? >> dana: no, by the dinosaurs. good news is, bob, we can talk about unions in the next block. >> bob: seriously. >> dana: it's a mystery. >> kimberly: we got to go. coming up, hard to think anyone could steal the show from the tampa bay cheerleaders, baby, but this kid did. he is giving beck a run for his money. this is all ahead on "the five." ♪ ♪ ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? ♪ ♪ >> dana: bob loves country music. all rig
some like the incassor aztec, but to close steve jobs, steve jobs famously declared remember you are going to die is the best way i know to avoid the trap you have something to lose. >> bob: mayans were wiped out by the spaniards? >> dana: no, by the dinosaurs. good news is, bob, we can talk about unions in the next block. >> bob: seriously. >> dana: it's a mystery. >> kimberly: we got to go. coming up, hard to think anyone could steal the show from the tampa bay...
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did not work. >> let me disagree with steve. the problem is not simple police we don't want to cut -- we don't want to raise taxes. if you look at this thing from a balance sheet perspective, raising taxes and cutting spending will do the same thing. they take money out of the economy. i think that that's true. i think we're going to go through two quarters of the recession. it will be a mild recession, 1.5% consecutive quarters down, and then we'll have, according to the cbo by the end of the year, a little less than 2% growth. we have to deal with this deficit. this is never going to be easy. i think it's worth having a mild recession, popping out of it after two quarters. i think it's worth making some of these cuts and worth everybody having to pay the same taxes when bill clinton was done. otherwise we're going to keep kicking this can down the road, and we're never going to get to the deficit. that is a big problem >> you know, governor -- >> alan greenspan agrees with him, by the way. do you think a mild recession, as he
did not work. >> let me disagree with steve. the problem is not simple police we don't want to cut -- we don't want to raise taxes. if you look at this thing from a balance sheet perspective, raising taxes and cutting spending will do the same thing. they take money out of the economy. i think that that's true. i think we're going to go through two quarters of the recession. it will be a mild recession, 1.5% consecutive quarters down, and then we'll have, according to the cbo by the end...
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came to the mall and went to the macy's and the food court, shot the victims now being identified as steve forsythe, 45 years old, and cindy an yule, 54 years old. the sheriff said that the shooter here identified as jacob tie he ler roberts armed himself with an ar-15 semi-automatic rifle. he had several fully loaded magazines that he was also wearing what seemed to appear a hoig-style face mask and ammo vest. the sheriff says the rifle actually jammed during the shooting spree, which could have saved some lives. he also said that there were a large number of police that quickly came to the scene and 10,000 people remember able to get out of the mall peacefully and quietly while all of this was going on. the sheriff also says they do not have a motive and do not believe that the suspect there, jacob tyler roberts, knew his very mani victims. we'll follow this story with more details, but that is the very latest. >>> republicans and democrats continue to battle over how to aavoid this fiscal cliff. many of us and many of you standing behind the president when asked who was handling the cri
came to the mall and went to the macy's and the food court, shot the victims now being identified as steve forsythe, 45 years old, and cindy an yule, 54 years old. the sheriff said that the shooter here identified as jacob tie he ler roberts armed himself with an ar-15 semi-automatic rifle. he had several fully loaded magazines that he was also wearing what seemed to appear a hoig-style face mask and ammo vest. the sheriff says the rifle actually jammed during the shooting spree, which could...
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. >> reporter: to re-create one of the first major disasters ever captured on camera, steve wolf and the team test each theory, one at a time. lightning, a bomb, a spark. the question is, was the hindenburg brought down by mother nature? sabotage, or something else? >> in our lab testing, most of the theories didn't pan out. but one of them does. >> reporter: after three-quarters of a century, the team will make the public wait just a bit longer for the answer. releasing their findings on sunday. for "good morning america," john schriffen, abc news, new york. >> and what the story of the hindenburg airs sunday on discovery channel. >>> now, it's time for the weather and sam. >> you remember that last round of severe weather in the southeast, there were about 16 tornado reports. we're going to show you video that's a little disturbing. but everyone is okay after this video. just to show you, that when a station in birmingham, alabama, did an interview with some folks after the damage was done to their house, they're standing on the porch of the house during the interview when this hap
. >> reporter: to re-create one of the first major disasters ever captured on camera, steve wolf and the team test each theory, one at a time. lightning, a bomb, a spark. the question is, was the hindenburg brought down by mother nature? sabotage, or something else? >> in our lab testing, most of the theories didn't pan out. but one of them does. >> reporter: after three-quarters of a century, the team will make the public wait just a bit longer for the answer. releasing their...
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steve tanger is talking about having a terrific holiday season. go to "the new york times" and read it. >> deutsche bank takes down novartus. >> i wouldn't sell this stock. >> piper upgrading. >> i've been watching the king stock go up. it seems like there's some sweet spot for gaming. it's probably okay now. >> then affirmation here. >> big cap stocks have been saying, look, things are fine. 3m, danner, these are not supposed to be fine. maybe something's better. >> all right. nicely timed once again. let's get some breaking news in washington. ayman? >> carl, this is actually breaking political news. today announcing new regulations on so-called 501 tax-exempt organizations that engaged in electioneering under federal law as it stands right now, they're allowed to engage in electioneering and not reveal who their donors are. now schneiderman in new york saying the state is going to require them to reveal if they spend up to $10,000 in that state. the groups that spend at least $10,000 to influence state and local elections in new york will be re
steve tanger is talking about having a terrific holiday season. go to "the new york times" and read it. >> deutsche bank takes down novartus. >> i wouldn't sell this stock. >> piper upgrading. >> i've been watching the king stock go up. it seems like there's some sweet spot for gaming. it's probably okay now. >> then affirmation here. >> big cap stocks have been saying, look, things are fine. 3m, danner, these are not supposed to be fine. maybe...
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steve schapiro thank you so much. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back, everyone. senator joe lieberman kicking off a farewell with an address after 4 years of service. after this he plans to visit diners across connecticut in the coming weeks to thank voters. >>> nasa says a new meteor shower could make an appearance this week at the same time that the gemenid meteor shower is lighting up the sky. it comes from a debris field that has never crossed paths with our planet before. >>> the air force sending a super secret mini shut well a spectacular launch from cape canaver canaveral. the military is keeping quiet where it's headed, what it's doing and carrying. the launch they cut off the launch commentary 17 minutes into flight, so you couldn't hear what they were talking about anymore. >>> still ahead on "starting point" north korea defying the world lau
steve schapiro thank you so much. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >>> welcome back, everyone. senator joe lieberman kicking off a farewell with an address after 4 years of service. after this he plans to visit diners across connecticut in the coming weeks to thank voters. >>>...
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steve sedgwick -- steve sedgwick with more. steve? >> reporter: hey, just head the prompt. it's me in vienna. it does feel like winter, minus three here. but i can tell you that opec should be happy. it is producing nearly 31 million barrels a day. it's got brent over $108 a barrel. brent will be over $110 a barrel on average for 2012. for the first time ever. olympic making a trillion dollars in -- opec is making a trill dollars trillion dollars in oil. they're worry good oversupply going into 2013. they are concerned that the call on their oil is going to be less than 30 million barrels a day even though they're producing the best part of 31 million barrels ail day. surely they should be taking a little off the table if they want to keep it at current levels. the problem is they don't take any off the table officially. it would send out the wrong message politically. but there's a real concern that oecd inventories, the consuming, western nations, eventually got inventories above 59 days, which is the first time we've seen that in 2012. and it's above the average over the
steve sedgwick -- steve sedgwick with more. steve? >> reporter: hey, just head the prompt. it's me in vienna. it does feel like winter, minus three here. but i can tell you that opec should be happy. it is producing nearly 31 million barrels a day. it's got brent over $108 a barrel. brent will be over $110 a barrel on average for 2012. for the first time ever. olympic making a trillion dollars in -- opec is making a trill dollars trillion dollars in oil. they're worry good oversupply...
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>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier talk being how yesterday some guy from a union socked him. >> i have never seen an angry mob filled with vitriolic hatred and i want to be clear. i did go in and provoke these people. i tried to provoke rational thought. i tried to provoke civil debate. i tried to then request they stop destroying private property and tearing down and trampling a tents with women and old people in it. then afterwards, a group of us did try and peel them off the tent as they were collapsing it upon women's heads beneath them, which of course, makes m
>> steve: right. there was a misconception because there was a ballot initiative on the november ballot. it was voted down and then the republican base, house and senate, voted essentially in a one week push toward this particular aspect of it where you do not have to belong to a union. >> i think it's very remarkable, politically risky, yes, but without risk, you get no possible reward. >> steve: you want to say something amazing. steven crowder was on our program earlier...
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s waiting for steve nash to come back. if he does, everyone will be fine and no one will ever remember this dismal start. >>> now to the nfl and the new orleans saints bounty scandal players had their suspensions overturned by former commissioner paul tab beau, who was handling the appeals process. vilma and hargrove were still found guilty but scott fujita was cleared on the charge. all the team coach suspensions remain in effect. now the question is what does this all mean? mike, take it away. >> it means, one, the existing commissioner of football, goodell, took a helmet-to-helmet hit from the former commissioner, paul tagliabue -- >> slap. >> i mean, a real slap. two, it means that the players involved are going to have to get back pay now, i would assume, because they lost their whole season. >> how about the saints fans? >> well, the saints fans are on the periphery in this. but three, it means the blame has finally and assertively been put where it belonged all the time, on the coaching staff of the new orleans sain
s waiting for steve nash to come back. if he does, everyone will be fine and no one will ever remember this dismal start. >>> now to the nfl and the new orleans saints bounty scandal players had their suspensions overturned by former commissioner paul tab beau, who was handling the appeals process. vilma and hargrove were still found guilty but scott fujita was cleared on the charge. all the team coach suspensions remain in effect. now the question is what does this all mean? mike,...
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. >> steve sedgwick has the latest and joins us now. hi, steve. >> i like that shuffle, steve. that was good. >> reporter: i've got a treat for you. guys, kelly, ross, i've got a treat. the nigerian oil minister has asked me kindly to join -- you are absolutely freezing. thank you very much for joining us. i know you've got a very important meeting coming up. how do you feel about world oil supplies at the moment? >> well, i think right now we're holding fairly stable. we're of course concerned that there will be a certain level of overproduction over the next 18 months or so if the production continues. >> reporter: saudi arabia need to take oil off the table cd iraq? >> i think those are issues we'll discuss today. >> reporter: what is the most contentious issue? we have been saying the most contentious issue could surround saudi arabia and iran. some estimates of over one million barrels a day. >> again, i would not preempt this meeting and outcome by giving statistics at this point. i think it's critical that we go in and have discussions amongst ourselves and come to the s
. >> steve sedgwick has the latest and joins us now. hi, steve. >> i like that shuffle, steve. that was good. >> reporter: i've got a treat for you. guys, kelly, ross, i've got a treat. the nigerian oil minister has asked me kindly to join -- you are absolutely freezing. thank you very much for joining us. i know you've got a very important meeting coming up. how do you feel about world oil supplies at the moment? >> well, i think right now we're holding fairly stable....
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keeping our troops in iraq and afghanistan indefinitely but making stuff up to prove his point, as steve bennett points out. obama never said the united states overreacted to 9/11 or did he apologize for our actions. >> 9/11 was an enormous trauma to our country. the fear and anger it provoked was understandable. but in some cases it led us to act contrary to our traditions and our ideas. >> dick cheney is up to his old tricks, still lobbying for endless war and lying to make his case. i'm joined by colonel lawrence wilkerson, former chief of staff at the state department and a visiting professor of government and public policy at the college of william and mary. it is amazing that dick cheney's view of the middle east hasn't changed a bit. does that surprise you? >> it doesn't surprise me. i would have thought he would have grown a little in wisdom since that time. one of the reasons the middle east is hostile to u.s. interests today is because we invaded iraq. >> he thinks we should still be there. what is your response? >> he thinks we should be there because he believes we should be
keeping our troops in iraq and afghanistan indefinitely but making stuff up to prove his point, as steve bennett points out. obama never said the united states overreacted to 9/11 or did he apologize for our actions. >> 9/11 was an enormous trauma to our country. the fear and anger it provoked was understandable. but in some cases it led us to act contrary to our traditions and our ideas. >> dick cheney is up to his old tricks, still lobbying for endless war and lying to make his...
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and it steves group, the manhattan institute, has an extra very worth pointing at the differences, but you're right. taxpayers a beginning to realize this monopoly power that unions have over government which is the new frontier for them what the final frontier is really causing a rift between the rank-and-file workers in the private sector who have to pay these taxes for increased government and the rank-and-file workers in the public sector that are enjoying these benefits. it can't go on, and that was the battle in wisconsin, part of the baatle in michigan. lou: you cited a 2010 study in which you talk about the population growth of the right to work states. we are watching union states, usually high tax states. we are watching and the migration from those states. >> quite extraordinary. about 28 percent of the population lives in right to work states. by 2008 it was a 40%. it's now 43%, and it michigan becomes right to work, that means 46 percent of the population. if you had population growth in places like texas and florida in coming years we could be at 50% or higher, meaning mo
and it steves group, the manhattan institute, has an extra very worth pointing at the differences, but you're right. taxpayers a beginning to realize this monopoly power that unions have over government which is the new frontier for them what the final frontier is really causing a rift between the rank-and-file workers in the private sector who have to pay these taxes for increased government and the rank-and-file workers in the public sector that are enjoying these benefits. it can't go on,...
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. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. liz: breaking news on dupont, b
. ♪ [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i heard you guys can ship ground...
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steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't get no satisfaction today chuck lavelle, small business optimism plunging, election, storm sandy adding to fiscal cliff worries. joining us special guest chuck labelle, the keyboardist for rolling stones if you don't know. co-founder of mother nature network which just merged with discovery and author of a book, growing a better america. since woodall rodgers a business network, i have to ask you, you're a businessman. does this fiscal cliff stuff worry you and the prospect of higher taxes worry you? what do you think? >> i think it worries all of us, d
steve, thank you very much. appreciate it. of course go to cnbc.com for more information. >> we will have coverage of the fed decision at 12:15 p.m. eastern time. brian sullivan will be hosting that. of course followed by mr. bernanke's news conference. coverage of that begins "street signs" 2:00 p.m. eastern time. mr. liesman will probably be at that news conference. come on over here, mr. liesman. we have a very special guest. there is a lot of people in washington that can't...
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melissa: steve ridgeway, thank you so much. lori: thank you, sir. >> thank you. lori: adam shapiro has been all over this story all morning long. joining us with the very latest in the ongoing news conference. melissa: and take a look at where metals are as we head out to break. gold trading down $5. silver getting hit the hardest. we will be right back. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the misize price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. melissa: breaking news right now. the justice department announcing hsbc will pay a whopping $1.9 billion to s
melissa: steve ridgeway, thank you so much. lori: thank you, sir. >> thank you. lori: adam shapiro has been all over this story all morning long. joining us with the very latest in the ongoing news conference. melissa: and take a look at where metals are as we head out to break. gold trading down $5. silver getting hit the hardest. we will be right back. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh......
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i agree with you. >> from a technical standpoint i agree with steve. he's spot on. goldman looks like if it can peek its head up above the near term trend line it goes higher. bank of america if you're in the name you need to take it off. way, way, way overbought. >> what are you smiling for? >> i like to smile. i enjoy smiling. it makes me feel good about the day, scott. i'm a happy guy. >> facial expressions are priceless. >> i looked at you. we shared some quick eye contact. i smiled. fundamentally -- >> should i leave? >> no. understoodmentally you have to look to financials. look at the move in them. look at the repair of the balance sheet. you have to look at all these reserve releases that you're going to continue to see in 2013. you have to look at the expense management also. i think financials are one of the leading sectors in 2013. you don't move away from it whether it's goldman sachs, morgan stanley or jpmorgan. you actually invest more in it and trade less. >> i own b of a. i'm not taking anything off the table. it's a compellingly cheap stock. from a
i agree with you. >> from a technical standpoint i agree with steve. he's spot on. goldman looks like if it can peek its head up above the near term trend line it goes higher. bank of america if you're in the name you need to take it off. way, way, way overbought. >> what are you smiling for? >> i like to smile. i enjoy smiling. it makes me feel good about the day, scott. i'm a happy guy. >> facial expressions are priceless. >> i looked at you. we shared some quick...
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steve ridgeway coming up. the ceo. lori: will get a decision tomorrow. market loves stimulus. we have 100-point rally on the
steve ridgeway coming up. the ceo. lori: will get a decision tomorrow. market loves stimulus. we have 100-point rally on the
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no one is going to say he was the product guy that steve cook was. >> this is not a product but i question about ce 00s. what's happening to social media and to facebook after the ipo and then all the questions about facebook? >> the facebook ipo is on our list of one of the big washouts of history let alone the year. that ipo was one that got a lot of people soured on this idea of all the social media worth it. the zynga story has been a watchout. this is a trend that's not going away. >> always good to see you even when you don't have gifts. >> thanks. >> grammy winning singer is joining us next. we'll tell you why he thinks one book is so important he's giving it away. >> announcer: this portion of "cbs this morning" sponsored by lifestyle lift. find out how you can light up your life. ♪ >>> people call him johnny football. we've also kboep jonow johnny m as a heisman trophy winner. we've also kboep jonow johnny m as a heisman trophy winner. >> we talk to him about the +1 well, inside the brewer, there's a giant staircase. and the room is filled with all these different kinds of coffe
no one is going to say he was the product guy that steve cook was. >> this is not a product but i question about ce 00s. what's happening to social media and to facebook after the ipo and then all the questions about facebook? >> the facebook ipo is on our list of one of the big washouts of history let alone the year. that ipo was one that got a lot of people soured on this idea of all the social media worth it. the zynga story has been a watchout. this is a trend that's not going...
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. >> steve: very simple to do. thank you very much for filling in. brian will be back here tomorrow. >> gretchen: see you then. >> steve: have a great day, everybody. martha: thanks, you guys. we start with this fox news alert. there is live look, lansing, michigan. massive crowds gathering at the state capitol. they're protesting the state's right to work law. the lawmakers set to cast the final votes inside that building this morning. we understand the governor is very ready to sign that into law. very controversial situation going on live in lansing. good morning, everybody, i'm martha maccallum. you are here in america's nice room. >> i'm gregg jarrett in for bill gregg: the right to work vote will mean unions will no longer force workers to pay dues. that the birthplace of the powerful united auto workers union. martha: this has huge national implications over the power of organized labor. governor rick snyder believes there will be more job. he believes the protests hurt more than they help. here he is. >> if you go forward you will create a en
. >> steve: very simple to do. thank you very much for filling in. brian will be back here tomorrow. >> gretchen: see you then. >> steve: have a great day, everybody. martha: thanks, you guys. we start with this fox news alert. there is live look, lansing, michigan. massive crowds gathering at the state capitol. they're protesting the state's right to work law. the lawmakers set to cast the final votes inside that building this morning. we understand the governor is very ready...
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steve balmer? you don't think steve gates will fire him, do you? >> i'm not sure what he's thinking. bill gates and balmer are friends, there's loyalty there. but balmer is running a circus at microsoft right now. windows 8 is not anything that he thought it would be. the surface tablet the same thing. i think they have an opportunity at xbox, that they're not taking advantage of. it's a matter of not being aggressive and going with the same old tools and working out of the same old toolbox. i know david is there. the interviews he's done with meg whitman is unbelievable. he asked her how many different ways why are you still in the printing business, meg? she gives the same answer over and over again. we need transformational ceos in the tech companies or they'll go by the wayside. >> you cite actually marisa meyer, and the yahoo effect she has by moving over. to that end, talk me through where you are on other companies that might be drawn into that. >> well, i think best buy was the best example. they had the same search firm that was -- you kno
steve balmer? you don't think steve gates will fire him, do you? >> i'm not sure what he's thinking. bill gates and balmer are friends, there's loyalty there. but balmer is running a circus at microsoft right now. windows 8 is not anything that he thought it would be. the surface tablet the same thing. i think they have an opportunity at xbox, that they're not taking advantage of. it's a matter of not being aggressive and going with the same old tools and working out of the same old...
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the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of the measure. some of them teachers, two detroit area school districts shut down for the day as hundreds of teachers plan to join the protest. president obama brought it up during a trip to a daimler truck factory in redford, michigan. this is what he said. >> this so-called right to work law, they don't have to do with economics, everything to do with politics. what they are really talking about is giving you the right to work for less money. >> alison kosik. >> what's the latest on the protests? >> protestsers starting to gather behind me. signs in hand, even the
the next two hours, we'll talk with steve israel. jeff sessions, sandy levin, rahm emanuel and businessman javier paolomarez, ed burns, frankie monday easy, and chuck leavell. "starting point" begins right now. welcome, everybody. "starting point" this morning, angry, united. bracing for protests in michigan as the state is poised to become the most unionized right to work state. as many as 10,000 unionized workers expected at the state capitol to voice their disapproval of...
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steve liesman joins us with the results there cnbc's latest fed survey. steve? can you make it any better? >> i don't know about that. what we have, andrew, is overwhelming support from our -- or expectation from our respondents, 48 respondents, economists, wall street strategists, and analysts, that the fed will replace twist with outright asset purchases. disagreement on how they'll do it and increasing concern about all these purchases and the effect on the market. let's start off with the disagreement about how they're going to do it. we asked people, will the fed purchase only treasuries when it replaces operation twist? or will it purchase treasuries and mortgages? you can see that they're about split on this. unclear what chairman bernanke is going to announce tomorrow. now, how about how much qe? they're pretty united on that. this is what we call distributions. the percentage of respondents answering which number. you can see pretty much the biggest priority, 35% at $85 billion. so that's $40 billion that they're doing already and then replacing twist w
steve liesman joins us with the results there cnbc's latest fed survey. steve? can you make it any better? >> i don't know about that. what we have, andrew, is overwhelming support from our -- or expectation from our respondents, 48 respondents, economists, wall street strategists, and analysts, that the fed will replace twist with outright asset purchases. disagreement on how they'll do it and increasing concern about all these purchases and the effect on the market. let's start off with...
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steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's start with you. so how does this work? if the police department is quote unquote, laid off, what keeps camden safe going forward? >> actually, the layoffs will not occur until such time as the new force stands up and has sufficient staffing to be able to take over the police functions. >> steve: when is that supposed to be? >> we're looking at the spring. the new police department by the end of spring. >> steve: okay. chief. eric and i both live in new jersey. we know camden has a real crime problem. we can put autopsy graphic that
steve? >> steve: thanks. it is one of america's most dangerous cities, but now camden, new jersey, is laying off their entire police force. officials say massive union contracts have are to blame because they are filled with bloated benefits that the city simply cannot afford anymore. >> eric: joining us is scott thompson, the chief of camden city police department and a former nypd officer and the founder of an organization helping camden rebuild its police force union free. let's...
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steve is going to be at that opec meeting in vienna. so don't miss out on that. >>> in asia tomorrow, japan releases machinery orders for november. also india will release november cpi. and glenn stevens will give a key speech to the bank of thailand in bangkok. >> we're going to take a quick break. head over to cnbc.com for stories that are currently trending. first, billions of dollars stashed overseas, find out who they are. and concern over departure of prime minister mario monti. and the fiscal cliff is still getting you cooking? head to cnbc.com for the latest. we'll also have a sneak peek of what the "squawk box" team has prepared. >>> still to come on the show, after some high profile dubs like facebook, the ipo market was new this year. but a new report says things will change in 2013. find out why. >>> eurozone finance ministers will discuss greece's buyback. last friday, the deadline was extended to this afternoon after they failed to reach a 40 billion euro target. the two-day summit in brussels on thursday is expected to pr
steve is going to be at that opec meeting in vienna. so don't miss out on that. >>> in asia tomorrow, japan releases machinery orders for november. also india will release november cpi. and glenn stevens will give a key speech to the bank of thailand in bangkok. >> we're going to take a quick break. head over to cnbc.com for stories that are currently trending. first, billions of dollars stashed overseas, find out who they are. and concern over departure of prime minister mario...
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krystal ball and steve kornacki, thank you. >> thanks, lawrence. >>> if we do go off the cliff, how long does it take to hit the bottom? >>> and who was the most influential politician from the last 30 years? from 1980 until now? tweet me your answers and i will announce it in the rewrite. and then later, k.i.n.d., kids in need of desks. and i'm going to sit here and write a big check for it at this desk. that's coming up. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the dif
krystal ball and steve kornacki, thank you. >> thanks, lawrence. >>> if we do go off the cliff, how long does it take to hit the bottom? >>> and who was the most influential politician from the last 30 years? from 1980 until now? tweet me your answers and i will announce it in the rewrite. and then later, k.i.n.d., kids in need of desks. and i'm going to sit here and write a big check for it at this desk. that's coming up. ♪ [ male announcer ] the way it moves. the way...
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steve hair began with more from the -- herrigan with more from florida. >> reporter: he finds new ways to tell his story, this time streaming live from inside a detention center in guatemala. he took the occasion really to knock down reporters that he may have had a heart attack. insed, he said the symptoms he suffered were simply the result of stress from three weeks on the run. >> the problem i had the other day is i did not eat for two days. i drank very little liquids and for the first time in many years, i've been smoking almost non-stop. i stood up, passed out, hit my head on the wall. came to in total confusion. i am fine now. >> reporter: so the man who chronicled every move of his three week escape from belize including the disguises he wore is now continuing to tell that story from inside detention. >> shepard: the same man who has been described by many as a pathological liar said he wants to come back to the united states. is there a chance of that. >> reporter: no in the short-term. he's in an extradition battle. if he goes back to belize, if he's forced to go back, he'll
steve hair began with more from the -- herrigan with more from florida. >> reporter: he finds new ways to tell his story, this time streaming live from inside a detention center in guatemala. he took the occasion really to knock down reporters that he may have had a heart attack. insed, he said the symptoms he suffered were simply the result of stress from three weeks on the run. >> the problem i had the other day is i did not eat for two days. i drank very little liquids and for...
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. >> i hear what steve just said. but given the jobs report, we've also seen a drop in gasoline prices. when you get the -- when you remember the prices fell by gasoline. your decline in prices. that's a big increase in consumer spending and probably income last month. so i think consumers can replenish savings just a little bit and still have spending. you also have at the upper end $20 billion and growing of dividends declared this month. to beat the tax hike. that's $20 billion of cash flow that higher income individuals, not all of them but many of them will get. and much of that will end up being spent. >> you acknowledge that university in michigan consumer sentiment, that was big decline. and much of that is attributable to fears about the fiscal cliff. all bets could be off the table if we go off the fiscal cliff. >> sure if you go over the cliff. and you'll still have some tax hikes. we have consumer spending around 2% in real terms in line with income. we don't think the whole tax hikes will go into effect e
. >> i hear what steve just said. but given the jobs report, we've also seen a drop in gasoline prices. when you get the -- when you remember the prices fell by gasoline. your decline in prices. that's a big increase in consumer spending and probably income last month. so i think consumers can replenish savings just a little bit and still have spending. you also have at the upper end $20 billion and growing of dividends declared this month. to beat the tax hike. that's $20 billion of cash...
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stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> welcome back to "power h."on johnson&johnson getting expanded approval for the fda for the use of its drugs to treat men with late stage prostate cancer prior to recovering from chemo -- receiving chemotherapy, that is t
stay with us. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. monarch of marketing...
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steve, we love you but you know you live next door, right? uh-huh. don't your brothers and sisters miss you? no. we text. ok. [ female announcer ] here's to moms who know what a dollop of daisy can do. unlike others, it is 100% pure with nothing else added. daisy sour cream makes your meals simply better. ♪ do a dollop, do, do a dollop of daisy ♪ try our new southwestern mac and cheese with grilled chicken, served with soup or salad. chili's lunch combos. starting at 6 bucks. more life happens here. since then, there's been one wedding, 2 kids, and 43 bottles of olay total effects. so in spite of 185 tantrums 378 pre-dawn starts and a lot of birthdays, caroline still looks amazing. you can challenge what's possible thanks to the trusted performance of olay. 60 years, millions of women, real results. 60 years, millions of women, living with moderate to semeans living with pain.is it could also mean living with joint damage. help relieve the pain and stop the damage with humira, adalimumab. for many adults with moderate to severe ra, humira is clin
steve, we love you but you know you live next door, right? uh-huh. don't your brothers and sisters miss you? no. we text. ok. [ female announcer ] here's to moms who know what a dollop of daisy can do. unlike others, it is 100% pure with nothing else added. daisy sour cream makes your meals simply better. ♪ do a dollop, do, do a dollop of daisy ♪ try our new southwestern mac and cheese with grilled chicken, served with soup or salad. chili's lunch combos. starting at 6 bucks. more life...
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in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is bringing a lot of production back from china, small and medium sized manufacturers are doing this. go to wal-mart and look at the house brand george, all of it's made in bangladesh, used to be in china. stuart: why is manufacturing-- for years we've said china is the manufacturing center piece of the planet. why is it leaving? >> there are so many reasons. first of all, wage rates are going up much fraster than product ticht and labor peaked political risk is not a factor and now it is, china is trying to use geopolitical leverage and risk of intellectual property loss and china is
in early 2011, steve jobs was asked if he would bring back jobs from klechina. he says those jobs are not coming back. hold on, under tim cook, there could be some. and apple, bringing back-- spending 100 million to bring some mac here, i say it's a total drop in the bucket. >> it's a broader narrative of manufacturing leaving china and it's not just apple. and lenovo, china's largest pc maker, says it's bringing some production to the north carolina facility and ge, for instance, is...
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>> tomorrow on "starting point," we'll talk to director ed burns, actor frankie muniz, congressman steve israel, jeff sessions, javier palimares, the president and ceo of united states chamber of commerce, and chicago mayor rahm emanuel as well. cnn news room with ted roland begins now. >> stories we're watching now in the cnn newsroom. off the air and under siege. >>> i think about their family and what they must be going through and the thought we may have played a part in that is gut wrenching. >> for the first time, we're hearing from two radio deejays blamed for the nurse's suicide after that royal prank phone call. plus this. ♪ a plane crash cut short the life of popular mexican-american singer jenni rivera. now investigators look into what brought down that plane that killed everyone on board. >>> south korean rapper psy receives a warm welcome in washington despite his past anti-american comments, and president obama getting some flack for attending that performance. >>> plus the bizarre saga continues. american tech mogul john mcafee fighting deportation to belize. he holds a
>> tomorrow on "starting point," we'll talk to director ed burns, actor frankie muniz, congressman steve israel, jeff sessions, javier palimares, the president and ceo of united states chamber of commerce, and chicago mayor rahm emanuel as well. cnn news room with ted roland begins now. >> stories we're watching now in the cnn newsroom. off the air and under siege. >>> i think about their family and what they must be going through and the thought we may have...